Moody's Maintains Negative Rating
For 5 Itics, Citing Reform Worries

Dow Jones Newswires

Updated Aug. 1, 2000 12:01 a.m. ET

BEIJING -- Moody's Investors Service Inc. is maintaining its negative credit ratings outlook for China's five rated international trust and investment corporations amid uncertainty over the outcome of continuing reforms, the ratings agency said.

In a report Monday on the troubled trust and investment sector, the ratings agency said the outlook will remain negative until the restructuring process is completed and more information is...